116 3rd St SE
Cedar Rapids, Iowa 52401
Acme Graphics seeks TIF help for new building
George C. Ford
Aug. 4, 2011 1:45 pm
An almost century-old Cedar Rapids business has applied for tax-increment financing assistance from the city to build a new printing plant in southwest Cedar Rapids.
Acme Graphics sustained significant damage from the 2008 flood to its existing facility at 201 Third Ave. SW. The company, which will mark its 100th anniversary in the summer of 2012, is proposing to construct a 22,000-square-foot building at 320 49th Avenue Dr. SW.
Acme Graphics' existing plant is located in the proposed flood protection area and is in the process of being purchased by the City of Cedar Rapids as part of the flood mitigation plan. The new facility will keep Acme's 20 current employees in Cedar Rapids.
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